a column by Stephanie Bergbauer, Jean-Francois Jamet, Hanni Schölermann, Livio Stracca and Carina Stubenrauch for VOX: CEPR’s Policy Portal
Recent successes of populist movements in Europe might seem to reflect eroded trust in the EU’s institutions.
This column asks what global lessons can be drawn from recent research on Euroscepticism at the ECB and elsewhere. It argues that taking citizens’ concerns seriously and addressing salient issues, building on a sense of togetherness, and caring about public trust should inspire a course of action at the global level. Insufficient progress along these dimensions has played a key role not only in Brexit, but also in the backlash against the multilateral world order underpinning globalisation.
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